Structural change is a general characteristic of economic development, driven by shifts in relative productivity and demand, technological or socioeconomic changes. To adapt to a changing economic environment, companies undergo restructuring to maintain or improve their competitiveness and,...

During the 1990s, the parties to collective agreements in the EU Member States responded to the ongoing employment crisis by concluding numerous 'pacts for employment and competitiveness' (PECs). In so doing, they adopted a new approach to employment policy. In this context, PECs may be defined...

Eurofound’s fifth annual yearbook, Living and working in Europe, based on the Agency’s research from 2013, describes developments in the EU in the wake of the crisis, focusing on major topic areas including changes in labour markets and employment, efforts to tackle youth unemployment,...

European labour markets added nearly 30 million new jobs in a golden age of employment creation prior to the onset of the Great Recession in 2008. These labour markets subsequently shed six million jobs, and unemployment peaked at 11% in 2013, its highest rate in well over a decade. This third...

This first issue of a revised approach to the ERM quarterly includes: an overview of relevant indicators such as GDP growth and the unemployment rate; the overall ERM statistics for the second quarter 2006; an examination of the often neglected issue of restructuring in the public sector with...